Market Index notes 240,594,634 shares on issue. If a $1m dividend, that is 0.4c per share.
I based the $1m on the Half Year Accounts sayingBased the $1m on CLT noting that they expect to declare at least 15% of net profit for the year as a dividend.
Profit for first half was $3.41m, lets say they maintain only 50% the same profitability for second half, and declare a 20% dividend: (3.41+(3.41*50%))*20%=$1.02m
CLT Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
